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Greene County Bancorp GCBC Allowance for Credit Losses on Held-to-Maturity Securities

Allowance for Credit Losses on Held-to-Maturity Securities at other companies

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Other financials

Income statement

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Revenue$23.9M+19.0%
Net income$10.5M+30.6%
EPS (diluted)$0.62+31.9%

Balance sheet

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Cash & equivalents$139.5M-10.3%
Total debt$75.5M+71.7%
Total equity$267.6M+16.8%
Total assets$3.2B+5.8%

Cash flow

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Operating cash flow$10.7M+46.1%
CapEx$13.0K-75.0%
Free cash flow$10.7M+46.9%

Valuation

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Market cap$518.43M+38.7%
Enterprise value$454.43M+73.2%
P/E13.3×+0.2×
P/S5.9×+0.7×

Profitability

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Net margin44.3%+4.4pp
FCF margin41.3%+5.9pp

Returns & leverage

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Return on equity15.7%+2.4pp
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Greene County Bancorp in its filing.

Tagged under the XBRL concept us-gaap:DebtSecuritiesHeldToMaturityAllowanceForCreditLoss.

The official record: Greene County Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Greene County Bancorp's allowance for credit losses on held-to-maturity securities?
Greene County Bancorp (GCBC) reported allowance for credit losses on held-to-maturity securities of $550K in Q1 2026.
How has Greene County Bancorp's allowance for credit losses on held-to-maturity securities changed year-over-year?
Greene County Bancorp's allowance for credit losses on held-to-maturity securities increased by 30.3% year-over-year, from $422K to $550K.
What does allowance for credit losses on held-to-maturity securities mean?
This represents the reserve established to account for expected credit losses on debt securities classified as held-to-maturity. It reflects management's assessment of potential credit deterioration within the bank's investment portfolio over the life of the assets. This metric is critical for assessing the credit quality and risk profile of the bank's long-term investment strategy.